Investment Ideas: Some quick fire investment trust thoughts

Income-friendly SEQI, SEIT and gearing, VEIL’s tender, plus Bloomberg’s AI ideas

SDCL disappoints investors

Last week, one of my favourite alternative funds, SDCL Efficiency Income Trust, reported its interims. I think we can safely say the numbers were very poorly received by the market with the shares plunging in value on the day. The discount, which had fallen to around 26% has now shot back up to 38.8% with the shares down 13% ov…